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Mar 22, 2013
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lower taxes on rich people, not lower taxes for everybody, right? they don't like taxes, but letting the payroll tax cut expire was in fact their policy. lower taxes in general. lower taxes on richer wealthier americans. cutting social programs. entitlements they go back and forth. medicare they go back and forth. you remember mitt romney and paul ryan ran in the election as they were going to stop the democrats terrible intention to cut medicare, then paul ryan got back into the house and writing a budget he kept all those cuts and added new ones and had more added into this is program. the real shock in recent weeks or real frustration trying to covers the budget debates. republicans cover five issues, they want to cut the budget deficits and cut defense spending and simplify the tax code and lower tax rates. in a deal with president obama they could get the first four, more deficit reduction, protect defense, the democratic president would get some cover in cutting medicare and social security and they could simplify the tax code by taking out ex
lower taxes on rich people, not lower taxes for everybody, right? they don't like taxes, but letting the payroll tax cut expire was in fact their policy. lower taxes in general. lower taxes on richer wealthier americans. cutting social programs. entitlements they go back and forth. medicare they go back and forth. you remember mitt romney and paul ryan ran in the election as they were going to stop the democrats terrible intention to cut medicare, then paul ryan got back into the house and...
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Mar 18, 2013
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is digging in, not showing any compromise of taxes. >> president got his tax hike on january 1st. the talk about raising revenue is over. it's time to deal with the spending problem. >> i'm joined by congressman adam shift. congressman, thanks for being here. >> pleasure. >> when you hear speaker boehner at the moment coming out with very strong words not show anything nick in the front here. is this an opening bid and that he will compromise later on? >> i think that's what it is. this is his opening position, he doesn't want to move off it any earlier than he has to. if he wants to make a deal, if this is going to be the grand bargain that he's going to have to give on revenue. so far, $2.5 trillion in deficit reduction. there's plenty of room to cut more. and plenty of room to raise revenue and that's part of any big package. >> you heard senator corker, lay ought, if they give this, we'll give this as well. entitlements is what he's saying on the democratic side. what would you be open to? >> i'd be open to reducing costs in medicare. i think the affordable care act made a goo
is digging in, not showing any compromise of taxes. >> president got his tax hike on january 1st. the talk about raising revenue is over. it's time to deal with the spending problem. >> i'm joined by congressman adam shift. congressman, thanks for being here. >> pleasure. >> when you hear speaker boehner at the moment coming out with very strong words not show anything nick in the front here. is this an opening bid and that he will compromise later on? >> i think...
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Mar 19, 2013
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growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> joining us now from new orleans, is democratic political strategist, james carville, the author of many books, including his latest "it's the middle class, stupid" james, it's a joy to have you on the show. thank you for joining us. i didn't have time to get into the wagner budget and the carville budget, but i wonder with the proliferation of budgets, mr. carville, do you think we're any closer to any kind of deal? >> pro
growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants...
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Mar 19, 2013
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he never met a tax cut he didn't like. we used to argue about all his tax cuts. but he had in his heart and soul a deep hatred of racism. nobody had any doubts about where he stood. he would have called an audible right in that room. all right, you're not going to remember lincoln. that's a long time ago. think back to somebody like jack kemp who combined conservatism with a real sort of concern about justice and equality. >> what does it say, benji, jack kemp, that's not that long ago. we're nostalgic, until even a bush -- what happened that they're so far right that the republican party has no sense of what the mainstream is concerned about? >> this is one of those problems when you don't have a clear leader. when there was president bush, he never got credit from liberals at the time, but he was keeping a lid on this stuff. bush was a believer in a lot of kemp. his passion in addition to conservatism was derived from kemp. without that, first there were no leaders and you just had the tea party movement rising up and and then a lot of these leaders are in the
he never met a tax cut he didn't like. we used to argue about all his tax cuts. but he had in his heart and soul a deep hatred of racism. nobody had any doubts about where he stood. he would have called an audible right in that room. all right, you're not going to remember lincoln. that's a long time ago. think back to somebody like jack kemp who combined conservatism with a real sort of concern about justice and equality. >> what does it say, benji, jack kemp, that's not that long ago....
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Mar 20, 2013
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a lot of democrats who consider ourselves to be fiscally responsible is of course, you had the bush tax cuts. then right after, you had the attacks on september 11th and you had the war on afghanistan, which i supported and almost all of the members of congress did, because those were the people that attacked us. but then, you had the war in iraq and both afghanistan and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're talking about a budget that cuts student loan programs for gi members, people coming back from iraq and afghanistan now they're not getting their student loans. because this was all fought off budget. i think that's political malpractice on the part of the republican party. they should have budgeted for this. >> well, from a congressional physician of the soul like diana degette, thank you so much. now to dr. james peterson, msnbc analyst and director of africana studies. professor, millions oppose the war, but as you know, and i'm sure you remember, their voices were significantly marginalized. give us
a lot of democrats who consider ourselves to be fiscally responsible is of course, you had the bush tax cuts. then right after, you had the attacks on september 11th and you had the war on afghanistan, which i supported and almost all of the members of congress did, because those were the people that attacked us. but then, you had the war in iraq and both afghanistan and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're...
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Mar 22, 2013
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>> not tax reform. >> not tax increase. >> tax reform. the big problem for republicans heading into this debt limit fight are the house conservatives. they feel like they've given a rot on the fiscal cliff. are they really going to battle boehner. >> i want to fit this in. because joe biden, i thought was el kwents and interesting. this was with mayor bloomberg. let's play that clip. >> for all those who say that we shouldn't and can't ban assault weapons. for all those who say the politics is too hard, how can they say that? for all those who say we shouldn't or couldn't ban high capacity magazines, i just ask them one question. think about newtown. think about newtown. >> that's a stirring sort of message there from joe biden. the question i have, it doesn't seem like it's going to work and not just because of republican opposition, it's because there are democrats who are up in 2014 in tough states that don't want to vote on the assault weapons ban. >> it was so interesting to hear him go there about the assault weapons ban because tha
>> not tax reform. >> not tax increase. >> tax reform. the big problem for republicans heading into this debt limit fight are the house conservatives. they feel like they've given a rot on the fiscal cliff. are they really going to battle boehner. >> i want to fit this in. because joe biden, i thought was el kwents and interesting. this was with mayor bloomberg. let's play that clip. >> for all those who say that we shouldn't and can't ban assault weapons. for all...
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Mar 21, 2013
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they want to cut government spending, if you argue we can't borrow more and can't tax moor. >> you make up an excuse. >> right. yet they don't want to be too alarmist. they don't want to cause a panic in the markets and then be blamed for it. they want to create the impression we are on the brink of that, when if fact if you look at the bond markets, interest rates are low over the short term and long term. there's no indication of what's usually ha pg when you have economic problems crated by a debt. we're just not seeing that. >> jared, in the book, the dragon starts off small, then gets very big and very scary, but by the end, it's reduced to a manageable size. interestingly that's not what paul ryan and others want. they want to kill the dragon with a balanced budget as quickly as possible, don't they? >> right. the idea of balancing the budget over x years is really -- >> in his case ten years. in rand paul's case four or five years. >> so is, a, antithey cal to what they need to be concerned about. in fact, anytime we've ever achieved a sustainable budget packet that's brought the
they want to cut government spending, if you argue we can't borrow more and can't tax moor. >> you make up an excuse. >> right. yet they don't want to be too alarmist. they don't want to cause a panic in the markets and then be blamed for it. they want to create the impression we are on the brink of that, when if fact if you look at the bond markets, interest rates are low over the short term and long term. there's no indication of what's usually ha pg when you have economic...
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Mar 22, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back. moms and dads whose children were gunned down in the sandy hook massacre are asking congress to show courage tonight. instead, speaker john boehner is showing cowardness. joe biden and new york mayor michael bloomberg demand gun legislation. >> this is simple common sense. it will not solve every problem and not end every gun death but will substantially reduce it. and it matters. it matters. >> biden says congress should at least pass background checks universally. the latest poll shows 91% of americans support background checks for gun show sales. 83% of voters in speaker boehner's home state want background checks, too. yesterday, it seemed like john boehner agreed
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back. moms and dads whose children were gunned down in the sandy hook massacre are asking congress to show courage tonight. instead, speaker john...
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Mar 19, 2013
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. >>> the one thing we've seen is $1 trillion in higher taxes, taxing more, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on house republicans are panning the democratic budgets that will be voted on tomorrow. your budget, the black caucus budget, the progressive budget, various ones have no chance of becoming law. is there any worry that the idea that republicans are putting forward that our budget balances, our budget balances, a very good sound bite that can work in mid-term elections. whereas you guys' isn't balanced until about 2040. is there any worry that the message could take hold and cause problems for you in the 2014 mid-terms? >> no, luke, for this reason -- the republican budget, the ryan budget balances on the backs of middle income tax
. >>> the one thing we've seen is $1 trillion in higher taxes, taxing more, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on...
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Mar 18, 2013
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of course tax cuts are a tool used by keynesians. and tax increases. something that traditional keynesians are against in bad times. we always hear about austerity in great britain, a cross europe. there'll be talks about the spending cuts. but we never hear about the tax increases. and when you start talking about that, talk about the fact that they cut spending, slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases have more or less the same effect. they both take money out of the economy. they both slow the economy. and, yes, they create this idea of austerity. but, look, it's a balancing problem. you need on the one hand to deal with as you well know budget deficits and debt. and on the other hand you need to keep growth going. here's an interesting thing i saw over the weekend just briefly. the recession in greece which is actually a depression, if you line it up against the u.s. great depression in 1929, it looks a lot a like in terms of how much unemployment there is, how much t
of course tax cuts are a tool used by keynesians. and tax increases. something that traditional keynesians are against in bad times. we always hear about austerity in great britain, a cross europe. there'll be talks about the spending cuts. but we never hear about the tax increases. and when you start talking about that, talk about the fact that they cut spending, slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases have...